I'm not the only one who thinks the Energy Information Administration (EIA)has its collective head up its assessment when it comes to predicting the amount of ethanol that will be produced in the future.
The Biotechnology Industry Organization (BIO) says that EIA cited data from a USDA report about future corn-based ethanol production (14.6 billion gallons in 2030), but failed to mention the same report's prognostication about cellulosic ethanol, which is expected to be 47 billion gallons in 2030.
BIO says companies including Abengoa, Iogen, Broin, and Mascoma are now in the process of building cellulosic ethanol production facilities and that "ethanol production could reach three times current levels within three to five years..."
BIO also says that a recent law passed by Congress that accelerates the depreciation of biorefineries that begin production of cellulosic biomass ethanol within the next six years will further accelerate ethanol production.
The EIA's inaccurate projection of ethanol production is either due to gross incompetence, or politically motivated to make ethanol appear to be an impossible dream.